A top Federal Reserve official has said he would support more aggressive interest rate cuts from the US central bank if the economic data deteriorates further, as he cautioned inflation is falling much faster than expected.
“If the data starts coming in soft and continues to come in soft, I would be much more willing to be aggressive on rate cuts,” Christopher Waller, one of the Fed’s governors, said in an interview with CNBC on Friday.
He added that if the data come in “fine” then he could see scope for the Fed to downshift to a quarter-point cut at the next meeting in November, a day after the November 5 US presidential election.
您已閱讀19%(639字),剩餘81%(2695字)包含更多重要資訊,訂閱以繼續探索完整內容,並享受更多專屬服務。